Standard Chartered has raised its year-end target for ether to $7 500 from $4 000.
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Look beyond the bullish headlines and the rally in bitcoin, and a vastly different landscape comes into view.
Cryptocurrencies sold off sharply heading into the week, underscoring a clear risk-off sentiment across markets.
Bitcoin was trading up more than 20% from last week’s lows on Monday.
There is growing uncertainty about whether the ethereum blockchain will continue to underpin commerce in crypto.
The shadow of the 2021 crypto bubble still hangs over much of the sector.
Bitcoin soared to a record high on Monday on expectations that cryptocurrencies will boom under Donald Trump.
Bitcoin surged to a record high on Monday as investors leaned towards Donald Trump winning the US presidential election.
Cape Town-based Cardware Wallet’s hardware device was designed in South Africa and is being manufactured here, too.
Bitcoin and ether tumbled on Monday to multi-month lows due to worries over a possible US recession.